Sprint - Nextel 2015 Annual Report Download - page 296

“ Collateral Agent ” has the meaning given to that term in the preamble of this Agreement;
“ Contractual Obligation ” means, as to any Person, any provision of any security issued by such Person or of any
agreement, instrument or other undertaking to which such Person is a party or by which it or any of its property is bound
which has been entered into in good faith;
“ Control ” means the possession, directly or indirectly, of the power to direct or cause the direction of the management or
policies of a Person, whether through the ability to exercise voting power, by contract or otherwise, and “ Controlling ” and “
Controlled ” have meanings correlative thereto ;
“ Credit and Collection Policy ” has the meaning given to that term in the Servicing Agreement;
“ Customer ” means the “lessee” of a Device under a Customer Lease and an obligor on a related Customer Receivable;
“ Customer Lease ” means a contract originally entered into between an Originator and a Customer, in substantially the form
attached as Schedule 4 of this Agreement;
“ Customer Lease-End Rights and Obligations ” has the meaning given to that term in the Second Step Transfer
Agreement;
“ Customer Receivable ” means all rental and other payment obligations of a Customer under the relevant Customer Lease
attributable to any date on or after the Lease Closing Date; provided that, for purposes of determining whether such Customer
Receivable is a Defaulted Customer Receivable or Delinquent Receivable or whether the relevant Customer Lease is an
Eligible Lease, “Customer Receivable” shall mean all rental and other payment obligations of a Customer under the relevant
Customer Lease attributable to any date during the term of such Customer Lease;
“ Data File ” means the Adobe Acrobat pdf-file in read-only format with file name “Device Lease Schedule.pdf” on a CD
ROM identified and agreed to by Lessees and Lessor on the Lease Closing Date as the same may be amended from time to
time in accordance with Section 2.14 ( UpdatestoDevicesSubjecttoDeviceLeasesandDataFile)of this Agreement;
“ Defaulted Customer Receivable ” means any Customer Receivable, or any part thereof, which is written off or remains
unpaid for more than sixty (60) days or for which any Lessee or Servicer has any Knowledge that the Customer thereon is
subject to an Insolvency Event;
“ Defaulted Device Return ” means (a) the failure by a Customer to timely return a Device pursuant to the terms of the
Customer Lease on or prior to the Required Return Date therefor and such Customer’s Customer Lease represents a
Defaulted Customer